T. Rowe’s Chung Sees Pullback in ‘Expensive’ Yuan After Rally

T. Rowe Price is betting on a pullback in the yuan, arguing that it looks “expensive” against a basket of currencies from China’s major trading partners.

By Iris Ouyang · Bloomberg Markets

T. Rowe Price is betting on a pullback in the yuan, arguing that it looks “expensive” against a basket of currencies from China’s major trading partners.